I have gotten a few questions from readers who have gotten a little turned around with the market moves of the last week. Given last week’s strong performance and what appeared to be an agreed …
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MorningWord: 11/2/11: Since making 2 month highs on Thursday, the SPX has sold off almost 6%, marking an almost 30% re-tracement of the peak to trough move off of the Oct 4th lows. In a …
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Bloomberg European leaders racing to prevent their week-old debt crisis strategy from unravelling convene emergency talks today to tell Greece there is no alternative to the budget cuts imposed in the bailout plan. Greek Prime …
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Here’s a roundup of all the latest moving parts having to do with Greece and the Eurozone bailout Reuters French President Nicolas Sarkozy and German Chancellor Angela Merkel will hold an emergency meeting with Greece …
Continue readingUpdate Nov 1st, 2011 at 9:32am: Since putting this trade on Friday afternoon MS is down close to 18% and after paying .20 for the Put Spread and then selling half for .40 yesterday, I …
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MorningWord: 11/1/11: Oh what a difference a couple of days make…….in the last 2 trading sessions here and abroad, 2 driving factors of the last week’s final leg of the giddy rally have now been …
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